JAKARTA – Jakarta Composite Index (JCI) reportedly regained its strength during the first session today (24/3), arriving at 6,739.128 at 9.20 AM WIB. It rose slightly from 6,691.611 recorded at the end of the last closing bell on Tuesday (21/3).

According to the data from Indonesia Stock Exchange (IDX) compiled by IDNFinancials, the index opened at 6,702.98, then continued to increase to 6,748.64 at 9.35 AM WIB.

The steady growth of IHSG earlier this morning was mirrored by other indexes. LQ45 went up 0.81% to 937,544, so did IDX30 by 0.84% to 489.374, IDX80 by 0.90% to 130.240, and IDXLQ45 by 0.97% to 130.314.

This increasing trend has been detected since the beginning of this week, recovering after the chaos in the global financial market due to the downfall of Silicon Valley Bank (SVB) and Signature Bank a couple of weeks ago (10/3 and 12/3).

JCI was initially seen declining, following other capital market in Asia and Europe, which were anxious of continuous impact post SVB and Signature Bank dissolution. (LK/ZH)